Go Krugman… Join the Fight for Labor

I have been upset with Paul Krugman for years since he undermined the living wage movement in the 1990’s. Here is what he wrote back then…

In short, what the living wage is really about is not living standards, or even economics, but morality. Its advocates are basically opposed to the idea that wages are a market price–determined by supply and demand, the same as the price of apples or coal.” (source)

He is saying that the labor market is the same as the market for products and commodities. Now we read today…

“Even more important is the fact that the market for labor isn’t like the markets for soybeans or pork bellies. Workers are people; relations between employers and employees are more complicated than simple supply and demand.” (source)

Paul Krugman is coming of age in his view of labor’s wages…